Following
this transaction, the RDIF will own approximately 2.7% and Cartesian will own
approximately 2.5% of MICEX-RTS. UniCredit Bank will reduce its stake in the
exchange to 6.2%.

The
investment is part of a long-term strategy to promote the development of
Russian capital markets and broaden the regional and international appeal of
the Moscow Exchange. This transaction follows an investment earlier this year
in the exchange by the RDIF and the European Bank for Reconstruction and
Development.

Kirill
Dmitriev, Chief Executive Officer of RDIF, said: “We are pleased to invest
alongside a leading private equity firm such as Cartesian Capital in a great
Russian company. This is our second investment in the Moscow Exchange, and together
with Cartesian and the EBRD we look forward to supporting the exchange as it
continues to grow and develop.”

Peter Yu,
Managing Partner of Cartesian, noted: “With its strong market-leading position,
MICEX-RTS is both central to Russia’s continued development as a regional and
global financial center and an attractive IPO candidate. Even in times of
continued economic uncertainty, well-managed exchanges can thrive. RDIF is an
ideal value-added partner for institutional investors entering Russia and we will
work closely with them in the continued development of the exchange.”

Mikhail
Alekseev, CEO of ZAO UniCredit Bank, said: "We are keen to remain one of
the largest shareholders in MICEX-RTS and we are committed together with other
shareholders, including those to whom we sold part of our stake, to foster its
development and support the company on its way to the IPO.”

Notes for Editors

The Moscow Exchange MICEX-RTS is the leading Russian stock
exchange and the leading trading venue for futures and options in Eastern
Europe. It provides a wide range of opportunities to investors, professional
institutions and their Russian and foreign clients for equities, bonds,
currencies as well as derivatives trading.

Russian Direct Investment Fund (RDIF), established in June 2011, is to be
capitalized with $10 billion in Russian government funds to make equity
investments that generate strong returns. In each investment it makes, RDIF is
mandated to secure co-investment that as a minimum matches its commitment, thus
acting as a catalyst for direct investment into the Russian economy. Kirill
Dmitriev has been Chief Executive Officer of the RDIF since inception.
Additional information is available at www.rdif.ru.

Cartesian Capital Group is a global private equity firm focused
on the world’s emerging markets. With more than $2 billion in commitments under
management, Cartesian specializes in helping closely-held companies expand
transnationally. The principals of Cartesian have invested in more than 75
companies in over 24 countries across a wide range of sectors and situations.
For more information, please see www.cartesiangroup.com.

UniCredit Bank is the 8th largest bank in Russia by total
asset providing financial services to corporate and private clients and
operating in corporate financing and treasury operations. The bank is part of
UniCredit Group, a major international financial institution with strong roots
in 22 European countries and an overall international network present in
approximately 50 markets, over 9,400 branches and 159,000 employees as of 31
March 2012. For more information, please see www.unicreditgroup.eu